
Fallbrook, California 92028
This Spacious Single-Story Residence represents a Strong Value Opportunity, listed at $830,000, which aligns closely with the $829,836 Fair Market Value. Featuring a Condition Rating of 3, the home offers a turnkey layout with a converted studio kitchenette and solar-equipped roof. The property provides significant utility through its large 12,672 sqft lot and flexible floor plan, making it an ideal "house hack" for supplemental income. This is a balanced acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a versatile, move-in ready home in the Fallbrook Union district.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 935 Tanya Lane Subject | $799,000* List Price | 4 | 3 | 2,033 | $399 | - |
A 177 Barhaven Lane Sold | $795,000 | 4 | 3 | 1,924 | $413 | 0.8 mi |
B 1035 Knoll Park Lane Sold | $689,000 | 3 | 2 | 1,612 | $427 | 0.3 mi |
C 117 Morro Sold | $725,000 | 3 | 2 | 1,730 | $419 | 0.6 mi |
D 316 W Kalmia Sold | $690,000 | 2 | 2 | 1,470 | $469 | 1.0 mi |
E 1077 Felicidad Dr Sold | $720,000 | 4 | 3 | 2,304 | $313 | 0.9 mi |
F 1211 E Mission Road Pending | $799,000 List Price | 4 | 3 | 2,125 | $376 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Although built in 1974, the property has undergone significant updates including a newer roof with solar, modern Pergo flooring, and a recently renovated studio kitchenette. The interior features contemporary cosmetic touches like board-and-batten walls and an open-concept layout, making it well-maintained and move-in ready.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 12672, living area = 2033.
The fourth bedroom has been converted into a studio with a kitchenette and separate entrance, offering a turnkey opportunity for rental income, an in-law suite, or a private home office.
The property features a newer roof equipped with solar panels, providing significant long-term savings on utility costs and peace of mind regarding major maintenance items.
Built in 1974, the residence may require additional capital for updates to original systems or infrastructure not addressed by the recent cosmetic and roof improvements.
While located in the scenic Fallbrook area, the property's view is limited to the immediate neighborhood, lacking the panoramic vistas often sought after in this region.
Don't miss out on this single story home, situated on a .29- acre lot, tucked in at the end of a small lane. This residence boasts, 4 bedrooms and 3 bathrooms, along with an ensuite bathroom in the primary bedroom. The fourth bedroom has been thoughtfully converted into a studio, complete with a convenient kitchenette. This flexible space presents an excellent opportunity, for a rental, in-law suite, or a private office with its own separate entrance. The possibilities are endless! A newer roof, equipped with solar, ensures both energy efficiency and peace of mind. Enjoy Pergo floors throughout, with an open concept design that seamlessly connects the kitchen, dining room and living room, complete with charming fireplace! Natural light floods through two sets of glass sliding doors, effortlessly extending the living space to the inviting patio, ideal for hosting gatherings in your large, private backyard.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 3.7 |
| Baths | 3.0 | 3.0 |
| Square foot | 2,033 | 2,314.399 |
| Lot Size | 12,672 | 47,267.225 |
| Price | $799.0K | $919.6K |
| Price per sq ft | $393 | $428 |
| Built year | 1974 | 1992 |
| HOA | $0 | $195 |
| Days on market | 47 | 59 |
Aug 26, 2026
$799,000
$830,000
-4% Price Drop
Initial Listing
Jul 24, 2026
$830,000
Initial Listing
Sep 17, 2020
$557,000
Public Record